[2024] UKUT 420 (AAC)

By section 13D of the Act, it is a requirement of a restricted licence that “the provision of facilities and arrangements for maintaining the vehicles in a fit and serviceable condition… is not prejudiced by reason of the applicant’s having insufficient financial resources for that purpose”.

By section 26(1)(h) of the Act, a traffic commissioner may revoke a restricted licence on the ground that, since the licence was issued, there has been a material change in the circumstances of the licence-holder that were relevant to the issue or variation of the licence. One such change of circumstance may be that the applicant can no longer show that it has sufficient financial resources to maintain the relevant vehicles in a fit and serviceable condition.